Okay, lads. From the middle of February we can see a consolidation model forming on USDJPY chart. Perhaps, it's a triangle - that fits just perfect as the wave 4 in current bearish impulse. Even so, the time to sell hasn't come yet, and that's why:
The current price pattern looks like a triangle, but until we can ...

And so, after a little break in falling down, in the middle of august '15, EURO continues his journey to the south. Perhaps, now there is forming an ending diagonal in the wave 5 (or c). Why do I think so? As we can see, there are a lot of correction waves (ABC), both up and down. Therefore, there are two possible ...

So, there was a reaction from the retracement Fibo-level 38,2%, and, I think, it is the wave of V. Therefore, I suggest to buy from the current level, putting stop-loss order at the bottom of - 490$. Target-zone, the end of wave V, will approximately be 700$, 61,8% from wave III.

So, it's obvious that in past months the price was forming an impulsive wave and it even had an ending diagonal in wave (5). And so, since the end of March there goes a zigzag formation in the wave . Perhaps, after a few days or a couple of weeks there will be the beggining of the wave , that will break down the ...